Spectrum Prices Make for One Hot Dish

The U.S. airwave-spectrum auction topped estimates and lifted the shares of Dish Network, which owns a huge swath of unused spectrum.

November 22, 2014

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Temperatures across the country got cold in a hurry last week, but the actual airwaves have never been hotter. That’s the takeaway from the government’s latest spectrum auction, which is under way. By the end of the week, bidding for new blocks of spectrum had reached $34 billion, well ahead of even bullish estimates.